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20121027
20121104
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Search Results 0 to 24 of about 25 (some duplicates have been removed)
, and profits were down 12% on a year ago. >> now gm is blaming its performance in europe for those results. it is planning to cut 2600 jobs to try to jumpstart its performance here. workers at opel, gm's german subsidiary, could be the first to go. >> opel's plant employs about five dozen people, and all of them could soon be out of a job. the assembly line produces the opel safira, which will go out of production opel in 2016 production -- out of production in 2016. opel lost just under 200 million euros in the first quarter of 2012. the downhill slide continued in the second quarter. in the third quarter, opel fell short by almost 370 million euros. industry analysts think gm could soon put its foot on the break. opel is a big obstacle to their plans to roar back. >> good news for germany -- projections said the company will collect its highest tax revenues ever this year. the federal government as well as states and municipalities are said to take in a total of 602.4 billion euros, which beats earlier projections by almost 6 billion euros. the government says it will come close to balan
quarter in the u.s., and it lost money in europe. the bottom line for g.m. in the third quarter was stronger than ancipated. earnings per share totaled 93 cents, well above the 60 cents per shares expected. g.m. returned to profitability in south america and china profit jumped 10%. shares jumped 9.5% as volume tripled. g.m. hopes to stop losing money in europe by the middle of the decade. yesterday, ford told us it expects its european business to begin turning around in about a year. today, ford shares were also on the move after its strong earnings report during the market closure. ford rallied 8.2%. over $11 per share for the first time since may. some merger action in the clothes and fashion industry hit the tape with p.v.h. buying warnaco group, that's the company licensing calvin klein, speedo and other brands. warncstock shot up almost 39%. the dl tols $2.8 llion in cash and stock. the buyer, p.v.h., rose 20% as a big sign of market confidence in the deal. and u.s. vitamin maker schiff nutrition has agreed to be bought by bayer, pushing schiff stock up 46%. the five most
about the other day. >> some gm numbers are expected in about an hour. gm is expected to earn 60 cents a share on revenue of $35.7 billion. gm, don't they have loss -- i mean, if they can't make money at this point, they ought to be able to because i don't think they have to pay taxes again. that's another way we sort of don't get our money out of gm. now we'll be watching facebook. about 230 million shares held by ples became employees became eligible for sale on sunday. >>> equity trading will try to get back to normal today after superstorm sandy forced the new york stock exchange and the nasdaq to wait out the storm and stay close from the last two days. if investors areomin back today, they may be wondering whether there's going to be extra volatility. ira harris joins us right now from the cme group in chicago. what's the sense you get? i've actually been surprised by how orderly all of this has been to date. >> it has been orderly, but i think that's because we've been taking our reads off of the european markets, which have held up pretty well. better than well. and where we ar
suspended. but the lies continue in ohio. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. >> former governor ted strickland on mitt romney's last desperate gasp to fool the buckeye state. those surprising little things she does still make you take notice. there are a million reasons why. but your erectile dysfunction that could be a question of blood flow. cialis for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for
minutes apart with two very different stories. does this town really revolve around the gm plant? >> yes. >> no question? >> no question. >> we meant sherry gaunt in lordstown, long time gm worker and vice president of the local united autoworkers. >> look where gm is now. if the government didn't step in, might not be working, might not have a job. >> here at gm's lordstown, ohio, plant, they're cranking out the chevy cruz. they're got from one shift of 100 workers to three shifts with 4500 workers today. but like most autoworkers these days, she felt the pain of the layoffs. >> how much does it play into politics for you in this election? >> it means everything. >> everything? >> everything. we're doing real well right now. >> her coworkers told us a similar story. who are you supporting for president? >> obama. >> why? >> because he's for the working class. and he helped with the bailout. >> it speaks about his dar character, speaks about his concern for us. >> in warren, ohio, some former autoworkers are angry. >> i was one of the innovators. bruce worked for delphi for 34 years, a s
also have kay shiller coming in with home prices at the highest level since september 2010. ford and gm beat. in terms of pent-up demand, the vibe is higher. to your point on whether trading will resume normally, i talked to traders yesterday. they said it could be dipping your toe in the water meaning volume is light in the beginning to see how things actually go to make sure the connections are there. we'll see if it goes as well as they predicted. >> this is one of those days where i sure hope it goes well because we've had lots of smooth days where there's no power outages that turned into a fiasco. >> true enough. >> i want to keep fingers crossed. >> it's not just about what happens in this building. goldman sachs has generator moving on power. not every bank has every office open today. tough to get around the city right now. >> tough to get around the city. tough to get employees for many of these banks to where they need to be. a number of them -- many of them are working remotely. as you say, everybody is trying to be fully open for business. i have made a handful of calls thi
voters there. >> obama took gm and chrysler into bankruptcy, and sold chrysler to italians who are going to build jeeps in china. mitt romney will fight for every american job. charles: all right guys, ford didn't take a bailout and amazing numbers, general motors in the meantime, losing market share, bogged down by the volt, bogged down by a pension, bogged down by government interference, i don't know. >> all of solvable exception the pension problem. they didn't go through a regular structured bankruptcy which is what romney said they could do. yeah, but governor romney there was no private finance, remember the financial markets were collapsing and yet if you read his op-ed and i did the other way, 2008 op-ed put it in restructured bankruptcy and then have government-- >> as a back stop. >> a lot of conservatives don't like that, but you can see what he was talking about. charles: it would have worked, i agree. >> and what's key tt bankruptcy, it would have lowered their labor costs and would have been a requirement in the bankruptcy they're at $80 an hour and now at 60 when the comp
going forward. just before the bell, we'll hear from gm, mastercard and mgm resorts, southern company, and waste management. >>> still to come, we'll continue our coverage of sandy. after the break, we'll get a forecast of some of the weather channel and we'll find out how it could impact the election as the president gets set to tour new jersey. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. >>> you are watching "worldwide exchange" and these are your headlines. sandy leaves a massive path of devastation in its wake as r residents belong a long and costly recovery process. >>> barclays with two new investigations in
doubled-down with a new ad. i want to show everybody what that new ad looks like. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians building jeeps in china. >> chrysler issued a statement last week saying jeep has intention of shifting production of jeep models out of the north america to china. this president said this election is about trust. we have chrysler saying that romney was flat-out wrong, but he's still pushing this issue. do you believe that governor romney for the readers of "the register" is the candidate that should be trusted? >> it's great to be with you today. speaking as the editor and also as a member of the editorial, i want to preface that this was a five-member editorial board that sfent an awful lot of time looking at the candidates, the campaigns, the issues and platforms and visions and spent a lot of time being deliberative and thoughtful in our decision as it relates to the endorsement. at end of the day what we've heard repeatedly, thomas, for several, several months, through this whole cycle is the importance of the economic r
is supported by lee iacocca and the troy news. obama took gm and chrysler to bankruptcy and sold chrysler to italens that will make jeeps in china. >> chrysler is not moving production to china. in fact, they are expanding u.s. production, and the fact they are going to sell jeeps in china is a signal that they have been tremendously successful. >> what did the italians ever do? leave me out of this. >> i'm struggling to see what exactly in that ad was true. >> it's a very desperate tactic where they're trying to do anything to change the game at this point. >> wow. straight ahead, back to the storm. live reports from out in the field, and the latest on when and where this is going to get bad. from the experts at the weather channel. ♪ i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios he's, he's on my back about providing for his little girl. hey don't worry. e-trade's got a killer investing dashboard. everything is on one page. i'
's getting a lot of criticism from many different kinds of entities. first, listen. >> obama took gm and chrysler into bankruptcy. and sold chrysler to italians who are going to build jeeps in china. >> really? after all that federal bailout money, it's china that will get all the jobs? right away, the white house unleashed its attack dogs. >> they're running the most scurrilous ad in ohio. they assert that president obama forced chrysler into bankruptcy so the italians could take over chrysler. and ship jeep manufacturing to china. that's what the ad says. that's what the ad said. it's an outrageous lie. >> don avalon is a cnn contributor who also serves as a senior political columnist for "ne "newsweek" and the daily beast. joining from us youngstown, ohio. i know you've done a lot of reporting on this issue. is the ad inaccurate? >> reporter: the ad is inaccurate, but it really is resonating here in ohio, and not in a good way for the romney campaign. a lot of voters i've spoken to, they've heard about the ad, they've seen it and understand it's an attempt to muddy the waters and
for the autos, but what obama said was not true. it was barack obama who took gm and chrysler through bankruptcy, ok? >> right? second, it was mitt romney who absolutely did provide for loan guarantees to ensure the warranties were backed up. that is what every fact checker who has looked at what obama said said he was wrong, he was not telling the truth. now, this is what is most important to this guy here and the other uaw workers that are here. it is the policies that mitt romney and paul ryan want to put in place that will make the auto industry strong -- [indiscernbile] he wants sensible regulations. he wants tax reform that will ensure we can get the auto companies back on their feet. he wants to make sure that trade is fair. he wants workers trained to work better for them. he wants their energy costs now. that is what will keep energy -- otter jobs here in ohio. that is what mitt romney is going to. balks, we are in the fourth quarter. the score is tied. we're in the red zone. we got the momentum on our side. are we going to be sure that we take mitt romney over the goal line in the next
morning. >> good morning again. you know, no trading of gm or google today. stock markets are closed. the nasdaq and new york stock exchange will shut down because of this storm. the nyse hasn't been closed for weather since hurricane gloria in 1985. the bond market will close early today at noon eastern. some 284,000 homes are in the path of this huge storm. 87 billion dollars in home at risk because of storm surge alone. protecting all that property meant a rush for retailers this weekend, selling flashlights, flywood, food, water. now the retailers are shutting their doors in the northeast and mid-atlantic and insurance companies are preparing for the claims about to come. quick reminder about your homeowners insurance. you want to check, soledad. you want to check and see what your coverage is. make sure you slide all of your paperwork in a ziplock bag and keep that with you. next couple of days will be crucial. >> very smart to do that now when it's not an emergency yet and you're holed up at home anyway. let's get to newark new jersey mayor cory booker. he comes on our show a f
gm and chrysler into bankruptcy and sold chrysler to the italians who will build jeeps in china. mitt romney will fight for every american job. >> reporter: john kasich said the bailout impact on ohio has been overstated. >> when you take into account the companies and suppliers you're up 400 jobs. we didn't grow ohio's economy on just one industry. >> but his predecessor pushed back. >> i believe that the table was set by president obama and ohioans recognize that and i think that's why the president is going to win ohio. >> reporter: both campaigns in the wake of sandy have called off fundraising, emails and any fundraising events in any of the affected states. mitt romney's campaign put out word he spoke with the republican governors of states impacted on the storm,er name dropped chris christie and bob mcdonnell. the president will be in the situation room dealing with fema and that fallout. this is the october surprise but we don't know what it all means in eight days. savannah? >> chuck todd, thank you. joe scarborough and mika are hosts of "morning joe." >> one thing we do know
making this claim about jeep. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. >> reporter: campaigning in ohio with former president clinton, vice president biden blasted the ad as false. >> chrysler has fellow bliged to go public and say there is no truth to this. jeep has no intention of shifting production of its jeep models out of north america to china. >> reporter: and while mitt romney is technically not campaigning today, he's doing a storm relief event, savannah, in the state of ohio. >> all right. chuck, a lot of folks are asking us this morning, is there a possibility with these widespread power outages that could last days, if not weeks, is there a chance the election day itself could be delayed? >> reporter: it's very unlikely. look, the presidential election day is something that is set in the constitution. now, states run elections, and they can decide to postpone, if they wanted to, it's happened before. new york city, of course, postponed new york city elections on 9/11 on the day that it happened. they po
Search Results 0 to 24 of about 25 (some duplicates have been removed)